Carbon Pulse

The full European Parliament approved on Thursday the designation of Wopke Hoekstra as commissioner for climate action and Maros Sefcovic’s new role as executive vice-president in charge of the Green Deal.

Taiwan has eased a set of management rules for greenhouse gas (GHG) inventories to expand its of third-party emissions accreditation and verification capacity, amid growing domestic concerns over the impact of EU's carbon border adjustment mechanism (CBAM).

Regen Network has established an environmental stewardship credit class for sheep grazing on vineyards, with a first batch of units issued to an estate in California.

Two ratings agencies in India have downgraded the country’s biggest carbon developer’s ratings after it recently filed losses for a second consecutive quarter.

Global emissions rose 0.2% in the first half of the year despite higher solar and wind penetration thanks to drought conditions hampering hydropower generation and pushing more fossil fuel-generated power into the grid.

A Singapore-based bank has partnered with a tech firm to develop a platform to aid smaller companies in more easily being able to measure their carbon footprints.

A group of pension funds announced Thursday an acquisition of a 170,000-hectare plantation forestry estate in Tasmania, Australia from a global forestry group.

A daily summary of our news plus bite-sized updates from around the world.

The Australian government has decided to rejoin the Green Climate Fund and will make a “modest” contribution toward it, which will be announced at the end of the year, an official told Carbon Pulse.

A Brazil Senate committee on Wednesday by a unanimous vote approved cap-and-trade legislation supported by President Luiz Inacio Lula da Silva, and in the process incorporated a number of amendments to secure agricultural sector support and enshrine a timeline for compliance obligations to begin.

The UN Framework Convention on Climate Change (UNFCCC) secretariat on Wednesday published a new synthesis report as stakeholders called to accelerate climate action through submissions that spanned almost 800 pages ahead of the conclusion of the first-ever global stocktake at COP28.

A non-profit is urging the EU to more than double its yearly deployment of wind energy by 2030 in order to achieve the bloc’s 42.5% renewable energy target, while also advocating for the bloc to strengthen that goal to as much as 50% to better align with the Paris Agreement, according to a report released on Thursday that comes as the bloc is increasingly beset with issues that could hinder those ambitions.

The Washington Department of Ecology (ECY) increased its yearly allocation of no-cost allowances to electrical utilities under the state’s cap-and-trade programme by as much as 23% through 2026, as seen in its revised mid-year figures released Tuesday.

Researchers have announced what they call an "important milestone" in the development of direct air capture (DAC) technology, operating their energy-efficient CO2 absorption system for 10,000 hours.

The surplus of allowances and offsets in the linked California-Quebec carbon market came closer to reaching 400 mln during the third quarter, while entities shifted more units into compliance accounts, according to data published Wednesday.

The Northeast US will face mild temperatures this winter, lessening heating demand in the RGGI cap-and-trade programme region, a weather forecasting service said Wednesday.

While the Bipartisan Infrastructure Law (BIL) and the Inflation Reduction Act (IRA) set policy and funding precedence for US decarbonisation, additional measures are necessary across three domains to cut GHG emissions by more than 40% by 2030 and nearly 90% by 2050 relative to 2005 levels, a report said Wednesday.

Poland’s deputy energy minister said Wednesday that his country would support including carbon removals in the EU ETS before 2030 while a campaign group opposed such a move, while the minister kept his cards close to his chest when pressed on coal phaseout details.

UK-headquartered conservation company Environment Bank is marketing voluntary biodiversity credits through a “biodiversity equity shares” system to encourage demand, an executive has said.

A new initiative on nature stewardship will initially focus on forests and land degradation and aims to ramp up pressure on companies to disclose nature-related risks and engage politically.